37203 — Davidson County, Tennessee Market Snapshot
Housing market data for zip code 37203 in Davidson County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$701,625
Days to Sell
53
Homes Sold
14
Inventory
23
Sale-to-List
93.6%
New Listings
21
Price/SqFt
$419
Pending Sales
12
Conforming Loan Available
Most homebuyers in 37203 can comfortably use conventional financing. The median home price of $701,625 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
37203's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 37203 sells for 6.4% below asking price (93.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37203 can comfortably use conventional financing. The median home price of $701,625 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37203 are set at the county level.
2026 Loan Limits — Davidson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,029,250 | $1,029,250 |
| 2 Units | $1,317,650 | $1,317,650 |
| 3 Units | $1,592,700 | $1,592,700 |
| 4 Units | $1,979,350 | $1,979,350 |
Affordability Snapshot — Zip 37203
To purchase the median home at $701,625 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,526.
Monthly Payment
$5,526
Income Required
$236,813
Principal & Interest
$4,323/mo
Down Payment (5%)
$35,081
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 37203.
Estimated Monthly Payment
$4,492
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